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XRP faces $9.57M liquidations mostly from longs amid stalled crypto market and price near $1.16.

Market News
07 Nov 2026, 22:54 WIB
UToday
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Bearish
XRP faces $9.57M liquidations mostly from longs amid stalled crypto market and price near $1.16.

XRP experienced $9.57 million in liquidations over the past 24 hours, with long positions accounting for $9.27 million of this total, signaling heavy selling pressure. The crypto market has stalled, with XRP's price dropping 1.81% to $1.16 and its market cap falling to $72.7 billion. Trading volume has decreased by 44.7%, indicating limited recovery potential. The price is near a local bottom, with $1.15 as key support; breaking this could trigger further liquidations and a drop toward $1.00, while resistance at $1.20 must be surpassed to signal an uptrend.

XRP on Pluang trades at Rp20.862 with a 1.69% drop as of Nov 08, 2026 04:02 WIB. Market cap stands at Rp1.331,65 trillion, while 24-hour volume is Rp25,96 trillion. Despite recent liquidations, 72% of Pluang users are buying XRP, holding it for an average of 73 days.

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